2003 Wrap Up The year end wrap up edition contains a brief comment of every one of the companies I covered in 2003. There are 19 companies mentioned, and this is the 129th edition of the year. Use this edition to make any adjustments you might wish to make in the speculative end of your portfolio prior...

Family Room (OTC BB: FMLY)- 2004 Looking To Be Big Family Room Entertainment, has admittedly, been one of my weaker ideas in 2003. Earlier in the year I published several editions suggesting the stock was poised to attain the $.25 level during the year. I was wrong. The highest level we saw during the...

Network Installation (OTC BB: NWIS) Delivers 12th New Contract Today, just after the market closed, NetWork Installation delivered an announcement of the 12th new contract it has received since the first of September. The December 6th interview in the OTC Journal with Chairman Mike Novielli was quiet...

Christmas Arrives Early for Followers of VirTra Systems (OTC BB: VTSI) I love it when Santa arrives early. If you are following one of my favorite ideas and biggest wins of 2003- VirTra Systems- Santa just came sliding down your chimney and put a special present in your stocking. If you're a fan of...

Confessions of a Serial Microcap Investor I admit it. I am a serial microcap investor. I love investing in small stocks, and my portfolio has the wins and losses to prove it. The other day, one of my brokers laughed at me when he confirmed a trade. I called him to buy a three letter symbol of a small...

There is enormous debate about the market and the economy. Corporate profits are climbing rapidly, gold continues making new highs, and the dollar continues falling. The talking heads on CNBC are now trumpeting the likely hood inflation will return. Weren't we hearing about deflation just a few months ago? I believe the only real risk for stocks right now is increasing interest rates, barring any major geopolitical catastrophic event. It's a simple concept most people fail to grasp- When interest rates are higher, earning are worth less in the eyes of the market. This simple fact explains why the morons who believe the market needs to drop to a PE of 8 before the Bull can come back are simply wrong.

Amnis Systems has been one of the few problem children in a relatively problem free year for the microcaps in the OTC Journal. The company nearly closed its doors in the spring, and the financiers of the company stepped in with new money and new management. The company has been in turnaround and rebuilding mode for most of the year, and the pieces are finally falling into place. Amnis is close to completing a corporate transformation.

Irvine Sensors hit a high of $2.80 on Friday, and closed at $2.66. The stock is now trading at levels unseen since the Spring of 2002. Over the last year, I published trading alerts on this stock at $1.72 (12/17/02), $1.19 (4/23), and $1.54 (7/23). Based on yesterday's closing price, the stock is now up 55%, 123%, and 72% from those levels respectively. Up until now, this stock had been a source of frustration.

Project Group, the subject of the November 22nd Trading Alert at $.17, did far better than I expected. It took off like a Southwest Jet on climb out. The stock opened in the $.19 range, giving members every opportunity to accumulate below the recommended $.20 level, and charged up to a high trade of $.31 over the next three trading days. That's a 50% return on your money short term. My target was $.25, so I missed on the low side. The stock is becoming a fairly prolific performer with consistent volume over 1 million shares daily. I think it's time to ratchet up expectations, particulary in light of today's announcement which came out after the close.

Special Announcement : This weekend's edition will mark the beginning of a series of audio interviews I will be conducting with the senior management at the companies I have featured during 2003. The purpose of these interviews is to give you the opportunity to get intimate with management. This will help you evaluate your own comfort level in continuing to own or establish a new position in any of these stocks.

Thanksgiving Day is set aside to remind us all to be thankful. Personally, I have more to be thankful for than I can possibly count. Rather than regress into some sort of lament about my personal life, I will confine today's remarks to the stock market. After all, it's what you faithful readers tune in for. I am very thankful for the return of the bull market. If you think this was a relief rally in an ongoing bear market, you are simply wrong. Growth fuels bull markets, and growth is back in a big way.

Do you understand what Enterprise Software is? I constantly hear the phrase, but no one ever clearly defined it for me. Enterprise Software is designed to run entire businesses. In the corporate world, there are two basic types of software applications: personal productivity solutions which include word processors and spreadsheets, and enterprise class solutions, which automate business processes. Another words, enterprise software integrates all the individual software components of running a company into one massive, hopefully seamless system.

ActionView International was back in the news for the first time in a month this morning with the announcement of a new pilot project. The company has installed one of its high impact point-of-purchase signs at a Sunoco Station in Vaugn, Ontario. The sign is designed to drive traffic into the convenience store at the station. As it turns out, Sunoco has 300 locations in Ontario and 600 in the US with convenience stores on their property. This represents a fairly large market opportunity.

NetWork Installation has momentum. The company continues delivering new business on a regular basis. The story here is growth, growth, growth. The next tidal wave of wireless communication infrastructure is building now, and will take at least four years to hit the beach. The old gold mining metaphor applies to NWIS. Who got rich in the 1880's gold rush in California?

Over the past two months I have received dozens of emails from members on Amnis Systems, one of my poorest performers in an otherwise stellar year. We had a nice run with this stock for the first thirty days. It was $.07 in early June when I first wrote about it, and doubled by the end of the first week of July.

VirTra Systems ranks in the OTC Journal's top two for big winners this year, and the company continues to earn its status at the top of the heap by delivering new business wins. The other big win is eResearch (NASDAQ: ERES); introduced at $7.45 (split adjusted) last December. Currently $41 (450% gain). VirTra is up 260%, but just since July 15th. Annualized, VirTra is #1. Today, just after the market closed, VirTra Systems announced a new contract with General Electric (NYSE: GE), the largest company in the world. For many years General Motors was the largest company, but in recent years GE has usurped GM for top honors.

HyperDynamics, our potential elephant in the oil and gas exploration business off the West Coast of Africa, started rocketing up the charts last week, and made a new all time high yesterday. The stock, first introduced at $1.76 in the September 20th edition, saw a high of $2.14 shortly after that edition. Subsequently, the stock succumbed to selling pressure, and had quietly dropped into the $1.50 range.

Are You Scared of the Market Right Now? Imagine you went out to dinner and got food poisoning from a bad piece of fish yesterday. You spent the whole night sick as a dog puking your guts out. Not much fun. I'll bet you wouldn't be in any hurry to get back to the offending restaurant. In fact, the fish you ate would probably be blackballed from your list of preferred foods for quite some time.

The slow but steady grind north up the chart continues in NetWork Installation, which I am convinced will eventually lead to a major break out, probably in conjunction with a significant corporate event. Today, after the market closed, NetWork Installation announced another new contract, this time for a wireless infrastructure installation in the Ocean View School District in Huntington Beach, California.

I haven't published on Family Room since September 4th when we covered the start of filming of "Control", with Ray Liotta and Willem Dafoe. As you can see from the chart, this has been a lackluster year for Family Room, which I previously had high hopes would find its way into the $.25 range this year. So far on Family Room, I have been wrong.

A Look Ahead It's November 1st. There are two months left in the year. It's time to start wrapping up 2003 and making plans to introduce new and exciting features and ideas in 2004. Before the end of the year there may be one or two new companies covered. I'm still looking for an undiscovered and under...

VirTra Systems (OTC BB: VTSI) Keeps the Party Going Investors have been piling into VirTra Systems for the last six weeks, and they seem to have it right. The company clearly has momentum, and its being reflected in the stock price. The chart looks very similar to a chart of the NASDAQ. The stock simply...

Tiny SAO TOME Gets Major Windfall I've gotten numerous inquiry emails about Hyperdynamics (OTC BB: HYPD), the idea I first published in the September 20th edition. Since making a new all time high of $2.14 on September 22nd, the stock has been slowly grinding south, a few cents per day. Those of you...

Market Comment- Long Overdue Correction May Be in the Cards Here's a chart of the NASDAQ Composite, as measured from early March when the new "BULL" was born. Pretty impressive. The market has inclined for nearly nine months without a 10% correction. Even in the go-go bull market of the 90's, the market...

ActionView (OTC BB: AVWI) Delivers More Action ActionView, the subject of a Trading Alert on October 16th, was out with another new contract after the market closed today. The company announced it just completed the installation of six new scrolling signs in the Sharpstown Shopping Mall in Houston...

Don't Forget About Network Installation (OTC BB: NWIS) Network Installation enjoyed its proverbial Andy Warhol 15 minutes of fame in eary August. On the day I wrote my first feature on the company (August 2nd), the stock closed at $.80. The Alerts Tracker shows the entry level at that $.80 figure, but...

I'm In the Army Now- With VirTra Systems (OTC BB: VTSI) Help VirTra Systems, our big winner over the last two months, delivered another blockbuster news release just after the market closed on Friday. The company's momentum continues as they announced another contract in the massive military market...

Trading Alert- ActionView International (OTC BB: AVWI) I started studying ActionView back in September. When I first looked at their business model, I was struck by the elegant simplicity of their point-of-purchase advertising technology. Sometimes simple is best. Sometimes being first to market with...

Coming Attraction It looks like Thursday will be the day I come out with a new idea. This stock has been heating up since the end of July. Before then it was barely trading. Since July it's average daily volume has rocketed to about 120,000 shares per day, with surges approaching 1 million. The stock...

Coming Attraction Did you see the movie Minority Report? It came out in 2002, and was the first time Steven Speilberg and Tom Cruise teamed up. It's a sci-fi thriller set in 2054. Tom Cruise heads a police squad with psychic technology charged with the duty of arresting murderers before they commit...

Market Comment The market demonstrated its willingness to get back on track as the perennial October move got underway. The usual September correction came a little late with a pullback towards the end of the month. October is starting to follow the usual path, which should lead to healthy gains in...

StockGroup Technology (OTC BB: SWEB)- Stage IV Breakout Underway In last weekend's edition I covered the four corporate cycles which lead to price breakouts. My concept sparked a lot of email traffic. Most of you asked me to try to identify what Stage I'm reporting. Everyone's looking to buy as a stock...

HyperDynamics (OTC BB: HYPD)- Completes Analysis of 2002 Data I was hoping Hyperdynamics would provide some additional disclosure on the results of the seismic data in their 16 million acre concession off the coast of Guinea in West Africa. Today, just after the market closed, the company disclosed...

There's Still Plenty of Low Hanging Fruit in MicroCaps Over the next thirty days I expect the market to be as confused as a California voter. Four of the last five trading days have been down. The perennial September correction may have gotten underway, which generally offers some of the best buying...

Amnis Systems (OTC BB: AMNM)- Reinvigorated With New Product Release Amnis Systems was out with a press release just after the close today which should put life back in the stock. Amnis has taken the opposite path of VirTra Systems, the subject of yesterday's edition which made a 52 week high today...

VirTra Systems (OTC BB: VTSI)- Breakout News Great news hit the wires just after the close on VirTra Systems today. The stock has been "drifting up" for the last two weeks ahead of today's blockbuster event. Obviously, the word on the company's achievement was anticipated by the market as the stock...

This weekend's idea is my offering in the oil & gas sector. This is an exotic opportunity which takes us to another corner of the world. Five different members emailed this idea to me. While there's nothing wrong with 30% to 40% returns, I'm looking for more. I'm hunting for elephants. Elephant...

Oil & Gas Idea in the Cross Hairs Barring any unforeseen challenges I am going to be publishing a new idea this weekend in the oil and gas exploration sector. I have been studying and evaluating this company for quite some time, and in my view the upside potential for this idea rivals any idea I...

Hottest Stock on the Bulletin Board? Last week when I described Calypte Biomed (OTC BB: CYPT) as the hottest stock on the bulletin board, the statement sparked dozens of emails from loyal readers. Honorable mention goes to those who pointed out that NeoMedia (OTC BB: NEOM) was really the hottest stock...

A Preview of a Coming Event A couple of weeks ago I mentioned that I was looking for ideas in the oil and gas and biotech sector to round out the slate of offerings. Many thanks to those who sent in suggestions. I looked at a few- we have some very astute investors in the readership. I'm still looking...

VirTra Systems (OTC BB: VTSI) Delivers Major New Business Win VirTra Systems announced a major new business win just after the market closed today. The timing couldn't be better if you are looking to establish or add to a position, as the stock was about 25% higher two days ago. Buy low and sell high...

Calypte Biomedical (OTC BB: CYPT)- The Hottest Stock on the Bulletin Board I've gotten dozen of emails on Calypte Biomedical recently. Here are my comments on the hottest stock on the Bulletin Board today. Calypte is the only company in the world with an FDA Approved test kit which uses urine instead...

Titan General (OTC BB: TTGH)- Poised To Go Higher- News Could Be Fuel For Next Level Titan General was out with news just after the close today. As you can see from the chart, the stock is trying to work higher, and today's news could be just the catalyst to take it to the next level. A 50% retracement...

A Sneak Peak at Coming Attractions My mission with the OTC Journal is to be a source of information on companies you won't find through the main stream Wall Street media. The companies I cover are simply too small to read about in Fortune or be interviewed on CNBC. I love this end of the market. It's...

Family Room (OTC BB: FMLY)- Back in Theaters This Fall Family Room was back in the news this morning with several positive developments which bode well for shareholders. The company announced that filming has begun in Eastern Europe on a film titled "Control". Ray Liotta plays the lead role, with Willem...

Today's edition contains commentary and news on four different companies. There is a lot to report, and I generally prefer to focus on just one or two companies at most. However, as I observed in the pre Labor Day edition, there is at long last a lot happening on the corporate front for small companies...

Trading Alert- Titan General Holdings (OTC BB: TTGH) On August 2nd I published a Trading Alert on Network Installation (OTC BB: NWIS). The stock was a virtual unknown at the time. In fact, in the text of the presentation I stated: "The readers of the OTC Journal are the first to learn of it and the...

Amnis Systems (OTC BB: AMNM)- Sees Revenues Double In Current Quarter Over Last Until the close of market today, Amnis Systems was the only one of the five penny stocks I follow which hadn't delivered a significant positive corporate development in the month of August. That changed today when the company...

Market Comment- NASDAQ Over 1800- A Blip on the Screen or A Precursor To Higher Levels? Did anyone notice the NASDAQ traded up over 1800 yesterday for the first time since April of 2002? Intel raised future revenue and earnings estimates, and the tech sector came charging out of the gates. Intel is...

VirTra Systems (OTC BB: VTSI)- The First Big Step to Sales Traction Announced Today What a week. August is generally dead. This August is very much alive. The companies I am currently reporting on are delivering some very exciting developments, especially in light of the normally slow time of year...

Remember Imaging Technologies (OTC BB: IMTO)? Is the Stock Back on the Launching Pad? When I was first asked to look at Imaging Technologies, I was reluctant to publish on the company. Despite having completed a two year transition to an entirely new business model, pulling off a fundamental turn around...

Correction From Weekend Edition Astute readers might have noted a serious faux pas in this past weekend's edition entitled "The Dog Days of August and the Summer Grind- Where Are We Headed?" Despite having gone out on Saturday, the date at the top of the edition read "January 2, 2003". While many may...

StockGroup (OTC BB: SWEB) and Irvine Sensors (NASDAQ: IRSN) In the News StockGroup was out with some very exciting news on Friday. The company announced June quarterly results, and they were impressive across the board. Here's an overview of the highlights: Quarterly revenue increased 69% over the same...

Trading Alert- Irvine Sensors (NASDAQ: IRSN)- The Game Is On Like the stray cat you fed who keeps coming back, I'm coming back to Irvine Sensors for another meal of potential profits. This will be the fourth trading alert on Irvine Sensors since December 17th, and we've gotten a nice trade each time...

Network Installation (OTC BB: NWIS)- A Little Too Hot? Naturally, my inbox is full of questions and comments on Network Installation. The stock went crazy this week. I introduced the company in last weekend's edition. The stock closed at $1 last Friday, opened at $2 on Monday, and has since traded to...

Family Room Entertainment (OTC BB: FMLY) Revives Amityville Horror Family Room was back in the news first thing Monday morning with a news release on their intention to revive the 1979 classic cult horror movie "The Amityville Horror". This movie, a cult favorite for many years now, achieved $86 million...

A Wi-Fi Company is Born On June 13, 2003, publicly traded FlexTech entered into a purchase agreement to buy 100% of Irvine, California based Network Installation Corp. FlexTech, which only had 500,000 shares issued and outstanding at the time and no active operations, issued 7.382 million shares of...

The Wi-Fi Revolution Idea- Check Weekend Edition Last weekend's edition on the W-Fi Revolution brought tons of mail and many insightful comments. I wish I could publish them all. It appears there is a great deal of interest in Wi-Fi ideas. It looks like I'm going to publish a Wi-Fi idea in the weekend...

The Wi-Fi Revolution- The Next Major Bubble What the heck is Wi-Fi? It's in the news everyday, and is undoubtedly the next major bubble in the stock market. I intend to get on this bubble with money making ideas long before it bursts. Wi-Fi networker iPass (NASDAQ: IPAS) came public last week. The deal...

Amnis Systems (OTC BB: AMNM)- Bell Canada Loves Amnis' Technology When I kicked off our first edition on Amnis Systems back on June 3rd, I placed a price target on the stock of $.15 over the ensuing 60 days. On July 10th and 11th the stock achieved the $.15 mark, but was temporarily repelled. It went...

The Fundamental Side We are about one third of the way through June quarterly earnings season. I think it is fair to declare there is a high probability the Bear Market is over. The market is emotionally reactive to short term events, but over the long term generally gets it right. The way the market...

My ongoing focus on the penny market has led me to one last idea for the month of July. In the last couple of weeks I have heard dozens of stories. They all want a feature write up. The problem- upside potential. Investments in the penny market are risky. There is nothing wrong with risk as long as...

Imaging Technologies (OTC BB: IMTO)- Wow!!! Thursday afternoon's offering of Imaging Technologies turned out to be a barn burner. On Thursday the stock closed at $.016 (yes: that's 1.6 cents. On Friday the stock closed at $.04 and traded 34.3 million shares (35 times average daily volume). I believe...

Time To Limbo- How Low Will You Go? In last weekend's edition on the Sneak Peak at July, I alluded to sharing a few penny stock ideas throughout the remainder of the month. I believe the larger caps are overextended. The risk/reward ratios at current entry levels are too high right now. However, I also...

Amnis Systems (OTC BB: AMNM)- Trading Alert- News and Support Levels Suggest Higher Prices Imminent Amnis Systems continues to be a great candidate for a turn around. In tomorrow's trading this stock will probably make a new high since we first starting coverage on June 6th at $.07. I believe the $.125...

A Sneak Peak at July On November 24, 1859, Naturalist Charles Darwin published an abstract which would go down in history as the definitive work on theories of evolution. Entitled "On the Origin of Species by Means of Natural Selection, or The Preservation of Favorured Races in the Struggle For Life"

Market Comment - Squeezing In Leads Us Towards Day of Reckoning In the June 21st edition (last weekend) I covered the bulllish case for the market. I showed a long term chart of the S&P 500. This index, along with all the other major equity indexes, convincingly pierced their long term downtrend...

Question: What Do These Three Companies Have In Common? Answer They are all in the information technology business. They are all losing money. The price of their stocks has appreciated substantially this year- TSCM up 53%, PCOR up 48%, and MKTW up 68%. All three of these companies have treated shareholders...

Profit Alert- SHEP Technologies (OTC BB: STLOF) I've gotten dozens of emails from members wondering what's going on with SHEP Technologies. As I write today's edition the stock is trading at about $2.50, down from yesterday's high of $3. As you can readily see from the chart, the stock has been tearing...

Irvine Sensors (NASDAQ: IRSN) - Trading Alert Irvine Sensors issued a press release today just after the market closed, and the timing is ideal for investors looking to establish or add to a position in this exciting technology company. IRSN pioneered the technology of "chip stacking". The company has...

The Bullish Case - "Cash Is Trash" Fuels The Market For Now The stock market is in a good solid uptrend. It is undeniable. Even the staunchest of Bears has gone into hibernation. 71% of market pundits are bullish at this time (normally a good contrary indicator). Traders are being blown out of put options...

Level 3 Trading Alert- (NASDAQ: LVLT) Shares of Level 3 Communications made a nice surge in mid May. The shares had been hanging in around the $6 level, and made a run to $7.50 when the company announced an unexpectedly strong March quarter. The company announced $114 million in profits off $1.25 billion...

Amnis Systems (OTC BB: AMNM)- New Management Delivers New Products Amnis Systems (OTC BB: AMNM) was back in the news today with a new product introduction nearing completion, and their timing could not be better. I'm still looking for this one to be a $.15 stock over the next 30 to 60 days, which is...

How Big Is Harry Potter? Apparently Huge For Barnes&Noble.com (NASDAQ: BNBN) I was doing research for the weekend edition Friday morning when I got a call from a friend with whom I swap trading ideas. He told me to watch Barnes&Noble.com- Technical breakout he claimed. The edition on the Bullish...

When You Least Expect It- SHEP Technologies (OTC BB: STLOF) Rockets Up 68% In One Day Since introducing OTC Journal members to SHEP Technologies in the February 21st edition, I haven't had much luck with the stock. Until today. SHEP has been slowly grinding down the charts. The high was made at $1.73...

QT5 (OTC BB: QTFV) - Blind Sided By the Great State of Maine The May 28th Trading Alert on smoking substitute beverage company QT5 has been derailed by an event completely out of left field. No one could have seen it coming, and frankly I did not foresee an event of this nature as a risk factor in my...

When Is Uphill Downhill in the Market? When is Uphill Downhill in the market?- Right now. The market's job is to cause the greatest amount of pain and confusion for the maximum number people as much of the time as possible. The market is very good at its job. The NASDAQ made a new 52 week high on Friday...

Trading Alert- Amnis Systems (OTC BB: AMNM) In the May 7th edition I set the table for today's turn around idea. Amnis Systems popped up on my radar screen as a potential turn around candidate. The situation brought back memories of the fun we had with Calypte Biomed last summer when I first identified...

Today's edition has a virtual smorgasbord of events I need to report to keep you properly informed on several of the issues I have been covering. I'll try to keep the points down to a couple of paragraphs to make it an easy read. Review the Trading Strategies Section If You Paid $.45 for QTFV If you...